‘Among 2025’s biggest losses’: Tesla stock crash wipes out $380billion! Trump-Musk feud deals most crushing blow

The unlikely political marriage between US President Donald Trump and Tech billionaire Elon Musk has ended in a fiery public divorce with Tesla’s shares paying the price. The fallout began after Musk openly slammed Trump’s new tax-and-spending bill on social media. In response, Trump fired back, threatening to cut off government contracts for both Tesla…

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Trump signs orders to boost US drone defenses, supersonic flight; aims to counter threats; cut America’s reliance on China

US President Donald Trump on Friday signed three executive orders aimed at enhancing drone security and promoting future air technologies, including electric air taxis and supersonic commercial aircraft, the White House announced.The new orders will allow drones to operate beyond the visual line of sight of their operators—an important step toward enabling widespread commercial drone…

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It’s a first! Infosys launches cash reward policy for employees who help with hiring; staff to earn Rs 700 per interview

The scheme awards 700 points (Rs 700) for each interview conducted. (AI image) Infosys, India’s second-largest software company, has launched a new initiative offering cash rewards to senior staff members who participate in lateral recruitment interviews, aiming to enhance staff engagement.The Bengaluru-based IT firm has introduced this incentive-driven scheme for the first time. The cash…

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Dark patterns alert: CCPA tells e-commerce platforms to self-audit for deceptive design practices; violators already under scanner

In a move to bolster digital consumer protection, the Central Consumer Protection Authority (CCPA) has directed all e-commerce platforms to conduct self-audits within three months to identify and eliminate “dark patterns” — manipulative interface designs that mislead users into unintended actions.Issuing an advisory on Saturday, the Consumer Affairs Ministry said platforms must evaluate their digital…

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GST compliance: Returns to be time-barred after 3 years starting July 2025; experts warn of risks in absence of redressal

Starting with the July 2025 tax period, Goods and Services Tax (GST) returns will become time-barred after three years from the original due date, the GST Network (GSTN) said in an advisory issued Saturday. This means taxpayers will no longer be able to file monthly or annual returns beyond that window, with the restriction set…

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Policy minds reshaped: Mahendra Dev takes over as EAC-PM chief; SBI’s Soumya Kanti Ghosh joins as part-time member

Eminent economist S Mahendra Dev has taken charge as Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), marking the end of a leadership vacuum at the top of the advisory body since last November.Dev, former Vice Chancellor of the Indira Gandhi Institute of Development Research, succeeds Niti Aayog Vice Chairman Suman Bery,…

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Future of work: Zoho’s Sridhar Vembu says AI job loss isn’t the threat—economic distribution is

As artificial intelligence and automation continue to reshape industries, the real challenge lies not in job displacement but in ensuring fair access to the wealth created by machines, Zoho cofounder Sridhar Vembu has said.In a hypothetical future where software development becomes fully automated—a possibility Vembu believes is still distant—millions of engineers could lose their jobs….

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New market slice: Little Caesars makes India debut with NCR outlet plan; Harnessing Harvest to lead franchise push

Little Caesars, the world’s third-largest pizza chain by global presence, is set to enter India this month by opening its first outlet in the Delhi-NCR region, the company said on Friday. This will be the brand’s 30th global market.The Detroit-based brand, known for its ‘hot-n-ready’ pizzas and Crazy Bread, has partnered with Harnessing Harvest as…

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FinTech push: Infosys opens GIFT City centre for BFSI digital services; new hub to house over 1,000 employees in hybrid model

Infosys on Saturday announced the opening of its new development centre at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, marking a strategic expansion of its presence in India’s premier international financial hub. The Bengaluru-based IT major said the facility will support more than 1,000 employees in a hybrid working setup and serve as a…

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